Danaher Co. (NYSE:DHR) Shares Bought by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. increased its holdings in shares of Danaher Co. (NYSE:DHR) by 39.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 553,562 shares of the conglomerate’s stock after acquiring an additional 157,538 shares during the period. Danaher makes up approximately 1.3% of Van Lanschot Kempen Investment Management N.V.’s portfolio, making the stock its 20th biggest holding. Van Lanschot Kempen Investment Management N.V.’s holdings in Danaher were worth $127,070,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Heck Capital Advisors LLC purchased a new position in shares of Danaher in the 4th quarter valued at about $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of Danaher during the 4th quarter valued at approximately $31,000. Golden State Wealth Management LLC purchased a new stake in shares of Danaher during the 4th quarter worth approximately $31,000. Strategic Financial Concepts LLC acquired a new stake in shares of Danaher in the 4th quarter worth approximately $31,000. Finally, Pineridge Advisors LLC increased its stake in Danaher by 63.3% in the 4th quarter. Pineridge Advisors LLC now owns 147 shares of the conglomerate’s stock valued at $34,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 79.05% of the company’s stock.

Analysts Set New Price Targets

DHR has been the topic of several research reports. Raymond James reissued a “market perform” rating on shares of Danaher in a report on Monday, February 3rd. Robert W. Baird set a $231.00 price objective on shares of Danaher in a research note on Wednesday. JPMorgan Chase & Co. reduced their target price on Danaher from $310.00 to $300.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Citigroup reaffirmed a “buy” rating on shares of Danaher in a research note on Monday, April 7th. Finally, The Goldman Sachs Group upgraded Danaher from a “neutral” rating to a “buy” rating and set a $260.00 price target for the company in a report on Friday, March 21st. Four equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Danaher currently has an average rating of “Moderate Buy” and an average price target of $274.55.

Insider Buying and Selling

In other news, SVP Brian W. Ellis sold 5,700 shares of Danaher stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $224.13, for a total transaction of $1,277,541.00. Following the sale, the senior vice president now owns 20,230 shares in the company, valued at $4,534,149.90. This trade represents a 21.98 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.10% of the stock is currently owned by corporate insiders.

Danaher Price Performance

Danaher stock opened at $186.71 on Monday. The company has a quick ratio of 1.05, a current ratio of 1.40 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $133.44 billion, a P/E ratio of 35.36, a PEG ratio of 2.66 and a beta of 0.86. The firm has a fifty day moving average of $201.99 and a 200-day moving average of $226.60. Danaher Co. has a 52-week low of $171.00 and a 52-week high of $281.70.

Danaher (NYSE:DHR) last announced its quarterly earnings results on Wednesday, January 29th. The conglomerate reported $2.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.14. Danaher had a return on equity of 10.82% and a net margin of 16.33%. During the same period in the prior year, the company posted $2.09 earnings per share. As a group, analysts predict that Danaher Co. will post 7.63 EPS for the current year.

Danaher Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Friday, March 28th will be issued a dividend of $0.32 per share. This is an increase from Danaher’s previous quarterly dividend of $0.27. This represents a $1.28 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Friday, March 28th. Danaher’s dividend payout ratio (DPR) is presently 24.24%.

Danaher Profile

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, aseptic fill finish; single-use hardware and consumables and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services; and healthcare filtration solutions.